The Public Accounts Committee published its report on the growing threat of online fraud, after considering evidence from organisations such as Age UK, Lloyds Banking Group, and the British Retail Consortium. It made for depressing reading with the cost of the crime for individuals estimated at £10 billion, and around 2 million cyber-related fraud incidents last year alone. That number is thought to be growing rapidly.
In a landmark Supreme Court decision, international poker star Phil Ivey has lost his final attempt to salvage £7.8 million in baccarat winnings. All five Supreme Court judges that sat to hear Ivey v Genting Casinos were in agreement that Ivey’s technique of 'edge sorting' constituted cheating and found that the casino had no liability to pay him.
When Sir Cliff Richard penned the lyrics to Summer Holiday in 1963 he could not have anticipated that the prospect of “no more working for a week or two” would be tested to its limits by some greedy holidaymakers. Whereas most of us are willing to splash a little cash to enjoy a few weeks on a sunny beach, and consider it a good investment of time and money, it seems that a few dishonest folk see it as an opportunity to make a buck by scamming their travel operator.